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Ramadan: Food Prices Are Dropping, Nigeria Making Progress – Tinubu

Ojimaojo Abubakar by Ojimaojo Abubakar
March 1, 2025
in National, News
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President Bola Tinubu has asked the Muslims in the country to use the Ramadan fasting season to pray for Nigeria’s growth and development.

In a statement on Friday, Tinubu said the Ramadan season “coincides with a period of renewed hope and progress for our nation”.

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The president said his administration policies have started yielding “positive results,” noting that the country is witnessing “gradual stabilisation”.

Tinubu added that the foreign exchange rate has started “stabilising” and prices of food items are “now downward”.

“This year’s Ramadan holds special significance as it coincides with a period of renewed hope and progress for our nation,” the statement reads.

“Our administration’s bold and transformative policies are beginning to yield positive results, as evidenced by the gradual stabilisation of our economy.

“The Gross Domestic Product for the last quarter of 2024 showed a marked improvement over the same period in 2023.

“The once-soaring prices of essential food items are now downward, providing much-needed relief to our fasting population and all Nigerians. The exchange rate is stabilising, and fuel prices are declining, signalling a brighter future.

“As the wet season approaches, we remain steadfast in boosting agricultural productivity.

“We are determined to enhance food production and ensure self-sufficiency and food security for all Nigerians through targeted input support, mechanisation, and innovative farming initiatives.

“In this sacred month, I call on all Nigerians to join hands in prayer and action for our beloved country’s continued growth and development.

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“Let us fervently seek Allah’s guidance and protection for our nation, and let our words and deeds reflect our shared commitment to peace, unity, and progress.”

Ramadan is a significant month in Islam, during which Muslims fast from dawn to dusk.

The Ramadan fasting period in Nigeria lasts 29 or 30 days, depending on the sighting of the moon, as per the Islamic lunar calendar.

Some minutes ago, Muhammad Abubakar, Sultan of Sokoto, announced the sighting of the crescent moon for the commencement of Ramadan fasting on Saturday.

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Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

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